BRF - Brasil Foods Bearish Moving Average Crossover Alert (BRFS)
BRF - Brasil Foods (NYSE:BRFS) crossed under its 10-day moving average of $13.69 on a volume of 178K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
BRF - Brasil Foods share prices have moved between a 52-week high of $22.35 and a 52-week low of $11.05 and are now trading 22% above that low price at $13.43 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has slid 0.7%.
SmarTrend is tracking the current trend status for BRF - Brasil Foods and will alert subscribers who have BRFS in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses brf - brasil foods